Tuesday, June 28, 2016

#Brexit roundup: “Merkel says ‘no need to be nasty’ in leaving talks…

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When will it happen? Will it break up the UK? We take a look at six key questions following the UK’s shock exit from the EU
There was an eventful session in the European Parliament as politicians expressed their sadness and anger at Britain’s decision to leave the EU.
Brexit will end EU investment in the UK
A major contributor to the European Fund for Strategic Investments (EFSI) and the main beneficiary of the Juncker Plan, a post-Brexit United Kingdom will have to learn to live without EU investment
English will indeed stay an official language of the European Union when the UK leaves the bloc, according to the Commission’s Representation in Ireland, refuting the claims of a senior MEP.
Jean-Claude Juncker sparred with Nigel Farage this morning, calling the UKIP leader a liar and insisting he not return to the European Parliament.
Brexit: Frequently Asked Questions

Following the vote for the UK to leave the European Union, some Frequently Asked Questions (FAQs) on the future of UK-EU relations in the referendum aftermath:

Brexit: reactions in Central and Eastern Europe

The British vote to leave the European Union on Wednesday 23rd June sent shock waves throughout the Member States and is proving particularly costly for the Eastern countries that joined the EU in the last enlargement rounds (2004, 2007, 2013).

Early negotiating positions staked out as Europe reacts to Brexit

Brexit: Merkel says ‘no need to be nasty’ in leaving talks

German Chancellor Angela Merkel says the EU has “no need to be particularly nasty in any way” in the negotiations with Britain about its exit from the bloc

The Caribbean Considers the Ripple Effects of Brexit

“Brexit—How the vote went in the end”. Photo by Flickr user Mick Baker, CC 2.0.

The startling results of Brexit, the UK’s referendum about whether or not to remain part of the European Union, has left not only Britons and their fellow Europeans — but also the rest of the world — in complete shock. The June 22 vote resulted in 51.9 percent of the UK voting to leave, and 48.1 percent voting to remain.

Europe After Brexit

After 43 years of EU membership, Britain has decided to retreat into itself, proving that Britons, despite their reputation for pragmatism, are far from exempt from voting against their own interests. The question is whether the rest of the EU can resist the decidedly un-pragmatic forces the Brexit vote is sure to unleash.

 

Reports of racist unrest in post-Brexit UK

Police in London confirmed Sunday (26 June) they were investigating “racially motivated” damage to a Polish cultural centre, in the wake of Britain’s Brexit vote, as other citizens used social media to self-report incidents of racist abuse

Northern Ireland voted to Remain in the EU, and now, even Unionists are applying for Irish passports…

Spain is coming for Gibraltar after Brexit, just like it said it would

LONDON — Spain warned us this would happen.

As the votes rolled in for the U.K.’s European Union referendum, newspapers scrambled to get the historic “Leave” decision into their print pages on Friday.

Don’t do it. I know what you’re thinking. But don’t do it. Leave your phone in your pocket at the polling station. Just leave it there until you’re out.

The desire to commemorate the moment is strong, to banish the weeks of deafening hysteria on every flickering screen, posting the act of catharsis on Instagram, basking in the post-referendum glow of democracy in action. But then you can expect a £5,000 fine for breaching electoral law. Or half a year in prison. Sorry about that.

Balkan Right-Wing Populists Gloat over #Brexit

To illustrate schadenfreude — pleasure derived from misfortune of others — Wikipedia used the painting “Taming the Donkey,” by Eduardo Zamacois y Zabala (1868), in which a group of monks laughs while the lone monk struggles with the donkey. (Public Domain).

In the wake of England’s vote to leave the EU, the glue keeping Scotland in the UK is rapidly dissolving.

Daily Record, 25 June 2016, fair use

The decision by UK voters to leave the EU is such a glaring repudiation of the wisdom and relevance of elite political and media institutions that – for once – their failures have become a prominent part of the storyline. Media reaction to the Brexit vote falls into two general categories: (1) earnest, candid attempts to understand what motivated voters to make this choice, even if that means indicting one’s own establishment circles, and (2) petulant, self-serving, simple-minded attacks on disobedient pro-leave voters for being primitive, xenophobic bigots (and stupid to boot), all to evade any reckoning with their own responsibility. Virtually every reaction that falls into the former category emphasizes the profound failures of western establishment factions; these institutions have spawned pervasive misery and inequality, only to spew condescending scorn at their victims when they object.

Markets blip, social media screams, investors get spooked, and the cycle continues. The post Brexit Is Sending Markets Diving.

What Brexit means for tech in Europe and the UK


Since the UK voted to leave the EU this morning, a lot has happened: the value of the British Pound has plunged, as has the price of oil; Prime Minister David Cameron has resigned;

How To Make Sense Of The Brexit Turmoil

OK, so now what?

Britons shocked the world on Thursday by voting narrowly but decisively to leave the European Union.

 

Charlie Stross is in excellent form this morning about the likely outcomes from last night’s Brexit vote, hitting all the highlights: collapse of the finance sector when Euro-denominated derivatives trades relocate to an EU state; collapse of the London property market (a big deal as 40% of the UK’s national wealth is property in the southeast);

Perhaps Britain won’t leave the EU after all?

Perhaps it’s just wishful thinking or the social media filter bubble I’m in, but there seems to be a more-than-zero chance that Britain won’t actually leave the European Union, despite last Thursday’s vote. For one thing, as I mentioned inmy Friday AM post about Brexit, the vote is not legally binding. The Prime Minister needs to invoke Article 50 of the Treaty on European Union, which has not happened yet.

Brexit to Grexit?

Greece has the EU’s most fragile economy and there are fears now that Brexit could lead to Grexit, Richard Galpin reports from Athens.

Stop sneering at Leave voters. They knew exactly what they were doing.

People voted to leave the EU because they know that their politics is broken. It’s time to fix it.

By Mick Garratt, CC BY-SA 2.0.

And so it begins. First, the wailing and the gnashing of teeth and then, the reproaches and the recriminations. It was an act of self-sabotage, a feat of blinding ignorance, a classic case of those unwashed masses not quite knowing what’s good for them.

Parliament: No deal for a new EU-UK relationship before Brexit activation

In an effort to protect EU’s integrity, European Parliament party leaders have urged David Cameron to fully respect the British citizens’ will and “immediately” activate Article 50 of the Treaty to start Britain’s EU withdrawal process.

UK’s EU Commissioner quits after Brexit vote

Jonathan Hill, the UK Commissioner in charge of financial services, has announced his resignation on Saturday (25 June), apparently bowing to growing pressure from the European Parliament following Britain’s decision to leave the EU.

Spain votes in general election, amid post-Brexit chaos

Just days after a shock Brexit, Spaniards were voting on Sunday in repeat elections to decide if they too want a radical change as promised by a far-left coalition led by Podemos.

Brexit: Heartbroken, But Not Broken

Brexit? London, UK 2016. PHOTO: Tomek Nacho (CC BY-ND 2.0)

Newspaper front pages about Brexit

Buzzfeed has a collection of newspaper front pages and magazine covers related to Brexit. Newseum has a more extensive collection (900+ newspapers) and the Guardian has a nice selection as well.

LONDON — A petition calling for the UK to hold a second referendum on membership in the European Union surpassed 1.3 million signatures on Saturday, in the wake of Britain’s vote to leave the 28-member bloc.

Vía Erkan’s Field Diary http://ift.tt/28XJOI2


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